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[Investments] Topic: MRT Mortons steakhouses |
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bssports |
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Prospect
Joined: Dec 2006
Posts: 407
Location: United States |
#1 Posted: 1/18/2012 10:14:01 PM What do you guys think? Hold or sell? |
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bssports |
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Prospect
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Location: United States |
#2 Posted: 1/18/2012 10:14:52 PM Wallstreetcappers need your help on this one.... |
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wallstreetcappers |
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Covers Linesmen
Joined: Feb 2003
Posts: 47717
Location: United States |
#3 Posted: 1/20/2012 2:23:16 PM I dont like it personally..what makes you want to consider it?
They are a fully mature company, margins arent good, cash position isnt good.
Not a stock I would buy unless I had inside info.. |
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bssports |
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Prospect
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#4 Posted: 1/20/2012 5:39:06 PM Got in at 4.90. Should I take profits or hold? |
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bssports |
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Prospect
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#5 Posted: 1/20/2012 5:51:07 PM Recently bought out by Fertitta. |
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wallstreetcappers |
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Covers Linesmen
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#6 Posted: 1/20/2012 7:58:27 PM Well then you are going to get 6.90 cash, which is right where it is now.
If you think the merger will not go through (which the market is not confirming per the price) then it might go higher, but if the merger goes then you get the cash price.
Nice job, that is almost a 50% return. |
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bssports |
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Prospect
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#7 Posted: 1/21/2012 8:56:03 AM QUOTE Originally Posted by wallstreetcappers: Well then you are going to get 6.90 cash, which is right where it is now.
If you think the merger will not go through (which the market is not confirming per the price) then it might go higher, but if the merger goes then you get the cash price.
Nice job, that is almost a 50% return. Thanks for your help. Always value your opinion. |
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avenue |
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Veteran
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#8 Posted: 2/7/2012 9:23:44 PM  |
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Michfan15 |
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Captain
Joined: Oct 2008
Posts: 6929
Location: New York |
#9 Posted: 2/9/2012 3:16:21 AM They got nothing on Lugars |
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bssports |
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Prospect
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Location: United States |
#10 Posted: 2/10/2012 1:26:12 PM Merger went through. I am holding to see what happens. |
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